Emerson Invests US$33 Million in Middle East and Africa Headquarters

  Emerson Invests US$33 Million in Middle East and Africa Headquarters

 With distribution, assembly, and testing capabilities, new Dubai facility to
                      support Emerson’s growth in region

Business Wire

DUBAI, United Arab Emirates -- October 29, 2012

Emerson (NYSE: EMR) today announced it is investing US$33 million to expand
its Middle East and Africa headquarters campus in the Jebel Ali Free Zone in
Dubai. With new distribution and testing facilities, assembly areas and
offices, the expanded headquarters campus will enable Emerson to closely
support its customers in the region.

Covering an area of 13,000 square meters of developed space, it will
significantly increase the size of Emerson’s existing facilities in Dubai and
is scheduled for completion by the end of 2013. The expansion will enable
Emerson Climate Technologies, an Emerson business, to consolidate two existing
Free Zone sites.

Ed Purvis, executive vice president of Emerson and global business leader of
Emerson Climate Technologies, commented: “With products and parts arriving
from all over the world, having a world-class distribution operation will be a
tremendous advantage to our customers. We are elevating our service levels and
positioning Emerson Climate Technologies as a major supplier to the region for
our various products and services. The testing and assembly facilities will
enable us to further localize products to the Middle East’s demanding
environmental conditions, and build solutions to meet our customers’ specific
business needs.

“The new building will also help us support employees, customers and end-users
with product and technical training that might previously have required travel
outside the Middle East,” Purvis added. “Emerson is witnessing rapid growth in
the region, and the establishment of this state-of-the-art facility enhances
our ability to provide full local support to our customers.”

Emerson Climate Technologies is the world’s leading provider of heating, air
conditioning and refrigeration solutions for residential, industrial and
commercial applications. Emerson Climate Technologies combines best-in-class
technology with proven engineering, design, distribution and educational and
monitoring services to provide customized, integrated climate-control
solutions for customers worldwide.

Emerson sees significant growth potential in the Middle East and Africa
region, especially for Emerson Climate Technologies, Emerson Network Power and
Emerson Process Management. In fiscal 2011, Emerson’s total sales in the
Middle East and Africa were US$1.2 billion, representing significant
continuing growth year on year from fiscal 2010 to fiscal 2011. Dubai is an
ideal location for the regional headquarters, with the United Arab Emirates’
strong transport and logistical links to other GCC countries, the rest of the
Middle East and Africa.

About Emerson

Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in
bringing technology and engineering together to provide innovative solutions
for customers in industrial, commercial, and consumer markets around the
world. The company is comprised of five business segments: Process Management,
Industrial Automation, Network Power, Climate Technologies, and Commercial &
Residential Solutions. Sales in fiscal 2011 were US$24.2 billion. For more
information, visit www.Emerson.com.

Contact:

For Emerson
Mike Slatin, +1-314-982-8661
Mike.Slatin@fleishman.com
 
Press spacebar to pause and continue. Press esc to stop.